Asia Pacific Phenol Derivatives Market By Derivatives (Caprolactam, Bisphenol Derivatives-A, Alkylphenol, Phenolic Resins And Other Derivatives), By Application (Hospital Cleaners, Home Cleaners, Pharmaceuticals, And Others) - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2024 to 2029).

Updated On: January, 2024
ID: 7708
Pages: 145

Asia Pacific Phenol Derivatives Market Size, Growth, Trends and Forecast:

Asia Pacific Phenol Derivatives Market was worth USD 4.56 billion in 2021 and is projected to grow at a CAGR of 7.20%, to reach USD 6.21 billion by 2026.

Some of the usually used phenol derivatives are bisphenol-A, alkylphenols, chloro-phenols, salicylic acid, and hydroxyphenyl. Bisphenol-A is the most commonly used spinoff of phenol. It is particularly used to produce epoxy resins and polycarbonates. Epoxy resins are used for paints coatings and moldings, with polycarbonates finding applications in food and drink packaging, impact-resistant safety system, clinical gadgets, and compact discs. It is predicted to be the main derivative segment of the phenol derivatives market in the coming few years.

Phenol derivatives are compounds which can be acquired from phenol, a carbolic acid found in family merchandise including detergents and throat sprays.  Increasing scope and variety of applications of phenol derivatives due to their low cost and relatively easy availability will increase the call for phenol derivatives, advocate analysts. Challenges faced with the utilization of Phenol derivative compounds are its aspect effects on human fitness. Excessive usage of the compound can cause difficulty in respiratory, fever, headache, swelling, vomiting, and nausea and can worsen pain, redness and irritation around the mouth.

Asia Pacific Phenol Derivatives Market Segmentation:

Asia Pacific Phenol Derivatives Market – By Derivatives:

  • Caprolactam

  • Bisphenol derivatives-A
  • Alkylphenol
  • Phenolic Resins
  • Other Derivatives

Asia Pacific Phenol Derivatives Market – By Application:

  • Hospital cleaners
  • Home cleaners
  • Pharmaceuticals
  • Others

Pharmaceuticals and Hospital cleaners are projected to see major growth during the forecast period.

Geographical Analysis:

On the basis of region, the Asia Pacific Phenol Derivatives market is categorized into India, China, Korea, Japan and others. China seems to be the leading local market in Asia Pacific, and is anticipated to maintain its role because it has been importing the major portion of phenol derivatives. Aside from China, South Korea, Japan, India, and Taiwan are showing excessive demand for phenol derivatives.

Key Players:

The global phenol derivatives marketplace is consolidated because of the presence of a confined quantity of players concentrated in a few international locations. These principal players have followed numerous organic in addition to inorganic boom strategies including mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their function in this market. Some of the major players in Phenol Derivatives market are Midas Pharma, Rheinmetall Waffe Munition, LG Chem, Mitsui Chemicals, Honeywell International, CEPSA, INEOS, Arsol Aromatics, Schutz, Royal Dutch Shell, Ter Hell Plastic among others.

Please wait. . . . Your request is being processed

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 1400

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample